INTERNAL CONTROLS & COMPLIANCE

This specialized area of service by Lloyd & Company reduces the risk of fraud and deception in our clients' day-to-day operation. While this area of scrutiny is included when we are engaged to provide audit services, we can also provide the service on a stand-alone basis.

Many businesses have grown from small enterprises when operating policies and procedures were simple and carried out by just a few individuals. As businesses grow, the desire to achieve efficiencies must be balanced with mitigating risk. Business owners are sometimes focused on marketing or productions areas while controls are neglected. Sometimes an enterprise has diversified operations and the integration of the new business has exposed or created new risks that weren't anticipated, detected or addressed. In many cases, business owners are just too close to their day-to-day operations and staff to identify and reduce risk.

Lloyd & Company's knowledge of the entire revenue stream come to bear for the benefit of our clients. From retrieving payments from a post office box, to client account access and posting, to inventory procedures and drawing on lines of credit, Lloyd & Company knows financial risk. Our expertise spans large retail operations processing large numbers of cash transactions to service firms that rarely handle cash.

"When financial integrity is at stake, we have the solutions."

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